Non Conforming Loans

A non-conforming loan is a loan that fails to meet bank criteria for funding.


Reasons include the loan amount is higher than the conforming loan limit (for mortgage loans), lack of sufficient credit, the unorthodox nature of the use of funds, or the collateral backing it. In many cases, non-conforming loans can be funded by hard money lenders, or private institutions/money.


Did you know that a large portion of real-estate loans are qualified as non-conforming because either the borrower's financial status or the property type does not meet bank guidelines?


The flexibility of private money can allow for a much wider range of deals to be funded, although more detailed and substantive collateral and documentation may be required by a lender.


Universal Finance Corporation has long standing experience in all types of loans, even very unorthodox ones. We work with you to find solutions for your lending needs.


Call us today on (02) 9558 9666 Mon-Fri 9am-6pm.


For Non Traditional Lending Criteria

You’ll be surprised how much money you can save if you refinance with another lender. Our team has the knowledge and experience to save you time and money finding the right loan from many different banks and private lending institutions. We do all the paper work and get You the Best Rates & Best Terms. You don’t pay us a Cent, the Banks do! 

Low Doc Loans Commercial Property Loans

• Finance solutions for the self-employed whose financial statements may not be available

• If you are self-employed and you cannot present company and personal tax returns then a low doc commercial loan may be the right solution for your lending needs

• There is a legal requirement to provide some evidence for serviceability. There are a range of different type of evidence that can be provided to justify income stated, including accountants declarations, bank statements and BAS can all be suitable

 

For No Doc Loans

You’ll be surprised how much money you can save if you refinance with another lender. Our team has the knowledge and experience to save you time and money finding the right loan from many different banks and private lending institutions. We do all the paper work and get You the Best Rates & Best Terms. You don’t pay us a Cent, the Banks do!

For Credit Impaired persons

You’ll be surprised how much money you can save if you refinance with another lender. Our team has the knowledge and experience to save you time and money finding the right loan from many different banks and private lending institutions. We do all the paper work and get You the Best Rates & Best Terms. You don’t pay us a Cent, the Banks do!